Panacea Beverage Company
Drink the water that changes the world!
- Stage $500K in TTM Revenue
- Industry Food and Beverage
- Location Mechanicsville, MD, USA
- Currency USD
- Founded February 2010
- Employees 4
- Website mycausewater.com
Company Summary
Panacea Beverage Company, LLC is a new age beverage company with its flagship product "MyCause”™, a premium natural spring water, with a social conscience. MyCause™ has been in the physical market since April 22, 2011. The response from consumers & retailers has been well received & very positive. Established over 400 retail accounts & have a re-order ratio of 50.70%. We have 3 customers; distributors, retailers & consumers.
Team
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Michael Jude Fitzgerald, IIManaging Member
Graduated from Clemson University in 2009, with a degree in Business and a minor in Entrepreneurship. Was raised in a serial entrepreneurial family. Has managed several other businesses including a Car Wash chain of 3 locations & 4 employees, was a project manager for rehabbing foreclosures.
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Michael Jude Fitzgerald, Sr.Member
He is a seasoned entrepreneur who has had many successful ventures throughout his life. The most recent entrepreneurial ventures include building a used auto parts company with an exit acquisition 5+million. He owned a commercial mail facility and directed over 150 employees. He is a real estate investor with over 50 single-family homes and commercial complexes through the East Coast. He has remained unscathed from the recent market.
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Jorge OlsonBeverage Advisor
He has advised multiple beverage company's, which have had exit acquisitions of which have grossed over $10 million. He also has written the leading book in the industry titled, "Build Your Beverage Empire."
Advisors
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Business Attorney Robert Smith, III & SEC Attorney Brian UnroeLawyerUnconfirmedFrank Jenkins, Partner of Adams, Jenkins & CheathamAccountantUnconfirmed
Previous Investors
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Thomas WattsUnconfirmedJohn BouroughsUnconfirmedMary CollinsUnconfirmed
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